Woodcock Foundation ex-chairman, wife charged with wiping out fund

Program aided needy students

2:56 AM,
Dec. 7, 2012

The courts and justice. (Hemera Technologies/Getty)

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Founded in 1872, Louisville's Woodcock Foundation has given scholarship money to needy college students for the past 50 years.

With assets that once totaled about $1.5 million, the Episcopal-church-affiliated charity gave away nearly $500,000 in the past five years alone to 60 to 70 students a year.

But now the foundation - named after the third bishop of the Diocese of Kentucky, the Right Rev. Charles Edward Woodcock - has only $8, and students who were awarded scholarships last year never got their money. ...